Capita plc announces today that it is to acquire the
occupational health business of Aviva UK Health for an undisclosed
sum. The business provides a complete range of occupational
health services to more than 500 business and other
organisations.
The acquisition adds further expertise and capacity to
Capita's health and wellbeing business and provides entry
into a number of key client sectors including transport and
logistics. It will be integrated into Capita's wider range of
outsourced health and wellbeing services, which include health risk
management, health screening and surveillance, absence management,
employee assistance (EAP), ill health retirement and international
assistance & repatriation.
Commenting on the deal, Jason Powell, managing director of
Capita's health and wellbeing business, said: "Capita is committed
to the long term investment in the health and wellbeing market as
we believe that organisational wellbeing helps to power business
performance, especially in these challenging economic times. This
acquisition will add new capabilities and expertise to Capita's
existing occupational health business. In turn we believe that the
backing of Capita will provide the scale and focus to enable the
business to maximise its market share and the range of services it
offers to existing and new clients. As part of the acquisition, we
are delighted to become a long term strategic provider of Aviva UK
Health."
Mark Noble, health and group risk director, Aviva, said: "We are
delighted with Capita's plans to invest in the occupational health
business and to develop a scale operation. The business is in good
shape, with a specialist and highly skilled workforce, to help them
realise this in the future. Occupational health services play a
vital role in supporting our overall strategy and our corporate
customers will continue to receive occupational health support
through a strong partnership arrangement with Capita. This will
allow Aviva to concentrate on further developing its core health
insurance services."
Aviva's occupational health business has around 120 employees,
with operations based in Sheffield, Birmingham and London.
The acquisition will be subject to a Transfer of
Undertakings, Protection of Employment (TUPE) consultation with
impacted employees.
Media enquiries
Capita press office
Caroline Mooney
Tel: 0207 654 2152 or 020 7654 2399 (out of hours)
Caroline.mooney@capita.co.uk
Eleanor Pinkerton
Tel: 0207 654 2192 or 020 765 2399 (out of hours)
Eleanor.pinkerton@capita.co.uk